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Telegram Merchants Gain Access to In-App Crypto Payments for First Time

13.7.2023
Wallet, which is built on the TON blockchain, is allowing merchants to integrate cryptocurrency into the bots they use to accept payments in the messaging app

Telegram Wallet bot enables in-app payments in Bitcoin, USDT and TON

13.7.2023
Wallet, a custodial wallet bot on Telegram, says that merchants should sort out for themselves whether their jurisdictions allow them to accept payments in crypto

Bank of China Expands Digital Yuan Testing to SIM Cards and NFC Payments

13.7.2023
The state-owned financial institution Bank of China has revealed a partnership with China Unicom and China Telecom in order to test SIM cards and near-field communication (NFC) payments tethered to the renminbi. The Bank of China explains that the pilot will be tested by selected users and areas...

Central Banks Controlling Money Is Not Democracy, Balaji Srinivasan Says

12.7.2023
If central banks control all uses of money, this is not democracy, Coinbase’s ex-tech chief Balaji Srinivasan is convinced. The entrepreneur commented on statements by the head of the Bank of International Settlements during an IMF meeting devoted to cross-border payments. Balaji Srinivasan Speaks...

Bank of China trials offline payments for digital yuan via SIM cards

12.7.2023
The bank plans to enable users to make phone payments by integrating its e-CNY app with specialized "super SIM cards" that have near-field communication capabilities

BIS Survey: 93% of the World’s Central Banks Are Engaged in CBDC Work

12.7.2023
The Bank for International Settlements (BIS), an organization that seeks to support the international cooperation of the world’s central banks, has released the results of its 2022 survey on central bank digital currencies (CBDC) and crypto. The survey found that 93% of the 86 banks surveyed...

Child-Focused Egyptian Fintech Startup Secures $1.5 Million in Funding

11.7.2023
Egyptian fintech startup Masroofi recently raised $1.5 million through an investment round supported by unnamed investors. The capital raise came shortly after Masroofi’s co-founders reportedly rejected a funding offer from investors in the “Shark Tank” program. Investors Drawn...

New York Federal Reserve and US Banks Complete Programmable Dollar CBDC Test

8.7.2023
The New York Federal Reserve and a group of financial institutions announced the successful conclusion of a proof-of-concept of the Regulated Liability Network (RLN), which contemplates the introduction of a dollar-based interbank central bank digital currency (CBDC). The test concluded that, using...

Bitwage Purges USDC Payments for US Residents Due to a ‘More Strict Regulatory Climate’

7.7.2023
Bitwage, a cryptocurrency payroll company, has announced it will remove USDC-based payments for U.S. residents. In an email sent to U.S.-based customers, Bitwage explains removing the second-largest stablecoin by market cap from its platform is related to a “more strict regulatory...

Lightning Labs releases tools letting AI transact and hold Bitcoin

7.7.2023
AI models such as ChatGPT could soon get the ability to buy, sell, and use Bitcoin on the Lightning Network

Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments

6.7.2023
Citigroup Inc., HSBC, BNY Mellon and other global financial giants have been experimenting with what they call a “regulated liability network” for conducting round-the-clock, wholesale payments using shared ledgers, and a paper released Thursday suggests the system has potential

Twitter Gains Money Transmitter Licenses in Three States, Takes Steps Towards Becoming an All-in-One ‘Everything App’

6.7.2023
Twitter made an announcement on July 5, revealing that it has been granted money transmitter licenses by three states: Missouri, Michigan, and New Hampshire. These licenses are a part of Twitter’s endeavor to secure money transmitter licenses in all 50 U.S. states. With these recent...

NFT Creator Royalty Payments Hit Two-Year Low: Nansen

5.7.2023
The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space

IMF eyes tens of billions in crypto asset taxes, has few suggestions for collecting them

5.7.2023
Income tax, property tax, VAT, corrective taxation — there is a tax goldmine out there for governments, but they will have to think hard about accessing it

Elon, You Don’t Need Crypto to Do Twitter Payments

5.7.2023
If Musk wants to build an instant cross-border network, he'll find central bank real-time systems have moved on quite a bit since his days at PayPal, says J.P. Koning

Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments

5.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and...

India Fosters Global Cross-Border Payments For The Digital Rupee

5.7.2023
The Reserve Bank of India (RBI) is on course to expand the frontiers of its Central Bank Digital Currency (CBDC), the “digital rupee” as it negotiates with foreign countries to adopt cross-border payment systems. The bank is currently in talks with its counterpart in at least 18 countries on ways...